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AI Is Boosting UK Productivity and Harming Jobs, BOE Says

1 source ·1 article ·Aug 6, 10:39 UTC BlackRock Enhanced Global Dividend Trust

British firms developing and using artificial intelligence are becoming more productive but gains are coming at the expense of jobs, according to analysis by the Bank of England.

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Bloomberg 1

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Bloomberg Economics ·Aug 6, 10:39 UTC

AI Is Boosting UK Productivity and Harming Jobs, BOE Says

British firms developing and using artificial intelligence are becoming more productive but gains are coming at the expense of jobs, according to analysis by the Bank of England.